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Can anyone recommend a solicitor or accountant in the Parramatta, NSW area where you have conducted business associated with establishing a family trust? And you were pleased with the knowledge, advice, service and associated cost.
Thank you for taking the time to reply to me. I am actually living at home ,so I suppose that certainly helps make things a bit easier finance wise.
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Mate, I reckon it depends on your situation. If youre living at home and thats no dramas, then you can make the most of it and rent your property for as long as you can and either use your excess funds to pay the loan quicker or to finance a second property.
But if you need a place to live then personally, its great to live there, pay off as much as you can and in time, use that as well as the capital appreciation to borrw against, to fund investment property.
If you rent it out, and you need to pay rent elsewhere, it kind of defeats the purpose I reckon.
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